Microsoft slashes Xbox One price by $50 for holidays, now cheaper than PS4

Microsoft on Nov. 2 will slash the price of its Xbox One without the Kinect sensor by $50 to $349 in the U.S., marking the first time that its console will sell for less than Sony’s $399 PlayStation 4.

“We want this to be an unforgettable holiday season for Xbox fans around the world,” said Phil Spencer, Head of Xbox, in a blog post.

The new $50 discount applies to both the Xbox One with Kinect and without, in addition to all the bundle packages. The deal will be available at “most major national retailers” and lasts until Jan. 3.

Taylor Soper is GeekWire's managing editor, responsible for coordinating the newsroom, planning coverage, and editing stories. A native of Portland, Ore., and graduate of the University of Washington, he was previously a GeekWire staff reporter, covering beats including startups and sports technology. Follow him @taylor_soper and email taylor@geekwire.com.